"Weekly Outlook" Posts
USDJPY Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap Selloff accelerated to the down side with no signs of strength at Y-2 and Y-3. This led to another stop run down to Y-5. Spike reversal against Y-5 gave us a drift back up to near week high. Closed the week near Y-1 and week high. Outlook Wide range week will give […]
GBPUSD Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap Uptrend intact in beginning of the week gave us the Y+2 target. Then violent takedown breached Y-0 key up channel support. Waterfall effect brought cable straight down to Y-3 and below. Closed the week near Y-3 and below midpoint. Outlook A bounce to Y-2 / B-0 is in the making as long […]
EURUSD Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap Euro blasted through 1.14 level and triggered a squeeze. 1.17 monthly resistance was tagged and rejected. Euro then fall straight back down to Y+1. Y+2 resistance gave us a clean drop to Y-0. Closed the week near Y-0 and week low. Outlook FBO against both monthly and weekly resistance above is bearish. […]
Dow 30 Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap Dow opened down at Y-2 and triggered a flush down to Y-3, all happening within the first 30 minutes of the week. Since then extreme 2 way swings until Dow cleared Y-1. Closed the week above Y-1 and near week high. Outlook More upside likely as the market shock subsided. 17000 round […]
USDCAD Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap Y+1 support sent this higher until 100% absolute range expansion is tagged. Consolidated since. Closed the week near Y+1 and below midpoint. Outlook Slow rip to higher level suggests more upside is in the card. Potential to gun for 1.40 on monthly.
Nasdaq 100 Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap Gap down to 3900 and staged a fight back up to Y-1 but failed to get there until the 3rd try. Y-1 cleared but 100% absolute range limited the upside. Closed the week above Y-1 and near week high. Outlook More upside likely but the gap below will likely be taken care […]
S&P 500 Aug 31 to Sep 04 Outlook
By News Robot
Lawrence’s Comment Recap News shock dropped ES down to Y-3 to start the week. Gap fill fight started at once. Wild 2 ways swings eventually allow ES to move above Y-1. Closed the week above Y-1 and near week high. Outlook Whether this is the swing bottom on weekly for ES will heavily depends on […]
AUDUSD Aug 31 to Sep 04 Outlook
Lawrence’s Comment Recap Tight range breakout to the downside. 200% range expansion target Y-5 tagged and bounced. Wild swing since although trapped within the range. Closed the week below Y-3 and near midpoint. Outlook This breakout has not reached its targets yet. Y-2 / B-0 zone strong resistance for new low next week.